Gold declines Rs 216; silver tanks Rs 179

News

New Delhi: Gold price in the national capital on Wednesday declined by Rs 216 to Rs 47,010 per 10 gram in tandem with decline in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 47,226 per 10 gram.

Silver also tanked Rs 179 to Rs 61,348 per kg from Rs 61,527 per kg in the previous trade.

In the international market, gold was trading lower at USD 1,804 per ounce and silver was flat at USD 23.07 per ounce.

“Gold prices traded weak with spot gold prices at COMEX trading at USD 1,804 per ounce on Wednesday. A stronger dollar also kept pressure on the precious metal for the day,” HDFC Securities, Senior Analyst (Commodities), Tapan Patel said.

Articles You May Like

Gold falls Rs 200 to Rs 79,100 per 10 gm; silver rises Rs 500
US treasury sells $13B of 20 year bonds at a high yield of 4.686%
Trump’s tariff threats don’t seem so bad
Gold Price Today: Yellow metal prices tumble by Rs 300/10 gm this week so far, silver down by Rs 300/kg
Market Recap: U.S. stock indices rise today, but close with weekly losses

Leave a Reply

Your email address will not be published. Required fields are marked *